Civil law country, how to handle cognitive degradation?

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Neus
Posts: 496
Joined: Fri Sep 22, 2017 2:12 am
Location: a Developing country in Asia with Low Cost of Living and Tax Treaty with USA

Civil law country, how to handle cognitive degradation?

Post by Neus »

When you’re cognitively degradated due to old age, who will handle your account? ie to withdraw

Assuming u have no kids or dont trust your kids with money

Case in civil law country where trust not recognized
Remember Rule 5: Never try to time the market. Two common timing mistakes: buying yesterday's top performers, and letting your emotions cause you to attempt to predict the direction of the stock market.
Laurizas
Posts: 519
Joined: Mon Dec 31, 2018 3:44 am
Location: Lithuania

Re: Civil law country, how to handle cognitive degradation?

Post by Laurizas »

Person’s guardian or curator which is designated by the court after a person is declared legally incapable or of limited active capacity.
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